Banco Bradesco S.A. ADR (BBD) Down -23.31% From Its 52-Week High, But Growth Potential Is Changing Over Time

Banco Bradesco S.A. ADR (NYSE:BBD) currently has a daily average trading volume of 16.87M but it saw 28305437 shares traded in last market. With a market cap of 14.45B USD, the company’s current market price of $2.72 remained unchanged while comparing to the previous closing price of $2.72. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.55 and as low as $2.50.

Taking a look at 20-day trading activity of Banco Bradesco S.A. ADR (BBD) gives us an average price of $2.73, while its current price level is -23.31% below from 52-week high level whereas it is 8.60% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $2.79 while that of 200 days or SMA-200 reads an average of $3.04. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.49% during that period while stretching the period over a month that decreases to 2.32%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 46.65 which implies that the stock is in neutral territory.

Over the week, BBD’s stock price is moving 2.64% up while it is -5.88% when we observe its performance for the past one month. Year-to-date it is -22.00% down and over the past year, the stock is showing an upside performance of 6.81%.

Currently, Banco Bradesco S.A. ADR’s total number of outstanding shares is 5.31B. Company’s return on investment (ROI) stands at 2.97% and return on equity (ROE) at 8.84%. It has a price to earnings ratio (P/E ratio) of 10.20 while having a 5.92 of forward P/E ratio. Stock’s beta reads 1.03. Stock has a price to book (P/B) ratio of 0.85 while price to sale or P/S ratio amounts to 0.24. Its return on asset (ROA) is 0.77% on average.